REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) Short Interest Update

REX Crypto Equity Premium Income ETF (NASDAQ:CEPI) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 33,356 shares, an increase of 1,300.9% from the August 15th total of 2,381 shares. Based on an average daily trading volume, of 42,665 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.9% of the shares of the stock are short sold.

REX Crypto Equity Premium Income ETF Trading Down 1.0%

REX Crypto Equity Premium Income ETF stock traded down $0.32 during midday trading on Thursday, reaching $31.28. The company’s stock had a trading volume of 35,172 shares, compared to its average volume of 43,367. REX Crypto Equity Premium Income ETF has a 52 week low of $26.98 and a 52 week high of $43.70. The business has a 50-day moving average price of $31.63 and a 200-day moving average price of $32.20. The stock has a market cap of $111.67 million, a PE ratio of 33.99 and a beta of 1.72.

REX Crypto Equity Premium Income ETF Cuts Dividend

The business also recently declared a weekly dividend, which was paid on Thursday, August 27th. Stockholders of record on Wednesday, August 26th were paid a $0.2522 dividend. This represents a dividend yield of 4,176.0%. The ex-dividend date was Wednesday, August 26th.

About REX Crypto Equity Premium Income ETF

The REX Crypto Equity Premium Income ETF (CEPI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in crypto-related and digital payment solutions stocks selected from the index. The fund seeks to generate income by writing covered call options on its holdings, aiming for capital growth and current income, while maintaining the flexibility to adapt based on market conditions. CEPI was launched on Dec 4, 2024 and is issued by REX Shares.